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Meet Nigeria’s Nationalist, Obafemi Awolowo

Rufus Okoro Chief Obafemi Awolowo (1909 – 1987) was a Nigerian nationalist, lawyer, statesman, and one of the country’s most influential political leaders. Born Obafemi Jeremiah Oyeniyi Awolowo on March 6, 1909, in Ikenné, present-day Ogun State, Nigeria. He studied law at the University of London and qualified as a barrister. Awolowo founded the Action Group (AG) political party in 1951. He served as the Premier of the Western Region from 1954 to 1960, later emerged the Leader of the Opposition in Nigeria’s federal parliament. ALSO READ >>> Meet Nigeria’s First President, Nnamdi Azikiwe He served as the Vice-Chairman of the Federal Executive Council and Minister of Finance, during the Nigerian Civil War, 1967–1971. Awolowo introduced free primary education and free healthcare for children in the Western Region, which became a model in Nigeria. He advocated federalism as the best system for Nigeria’s diverse ethnic groups. He was widely know...

Renaissance Energy Acquires Shell Petroleum Company

The Renaissance Africa Energy Company Limited, a leading consortium of Nigerian oil firms, has eventually acquired the Shell Petroleum Development Company, of Nigeria Limited (SPDC).

This latest development was disclosed to the public after the former completed the processes involving the acquisition of the latter in a $2.4 billion deal.

According to the Management of the newly acquired oil entity, the SPDC had been renamed to Renaissance Africa Energy Company Limited after 46 years of operation in Nigeria.

The company’s spokesperson, Tony Okonedo, said: ”Going forward, SPDC will be renamed as Renaissance Africa Energy Company Limited.”

Reacting to the complete acquisition of Shell, the Managing Director/CEO of Renaissance lauded the Nigerian government for giving the approval for Shell’s acquisition.

“We are extremely proud to have completed this strategic acquisition.

“The Renaissance’s vision is to be “Africa’s leading oil and gas company, enabling energy security and industrialisation in a sustainable manner.

“We and our shareholder companies are therefore pleased that the federal government has given the green light for this milestone acquisition in line with the provisions of the Petroleum Industry Act,” he said.